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RSI Signal (Buy\Sell Indicator) - GREAT signal indicator

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MechXTrader
211
MechXTrader  

The RSI Signal indicator plots buy\sell arrows when RSI crosses the overbought\oversold levels. It produces high probability reversals signals.

It also alerts you when a signal is taking place.

Download here:

Great trading!

as requested by Bossxero,

the indicator is attached.

Files:
rsi-sig-2.jpg 127 kb
rsi-sig-1.jpg 116 kb
rising7
12
rising7  

its great... simple but useful, thanks for sharing.

MichaelZ
41
MichaelZ  

check your second attachment file..I think it has problem..

anyway thanks for sharing....

muhhatta
4
muhhatta  

Simple indy,

I use value 50 as my system entry confirmation, Buy if RSI above 50/sell if RSI below 50, thus I set the over bought 49 and over sold 50, and the indy just work anyway.

I thought it might be useful if anybody has the changing color of RSI line; green if above 50 and red if below 50, or additionally set different color to level 20/30 and 70/80

Thanks

jamesforu
96
jamesforu  

thanks good effort keep it up

jamesforu
96
jamesforu  

recommend the most succefull intervals to use for rsi ?

jamesforu
96
jamesforu  

do u prefer 30 m for usd jpy ? same for eurusd?

tungvanvn
5
tungvanvn  
MechXTrader:
The RSI Signal indicator plots buy\sell arrows when RSI crosses the overbought\oversold levels. It produces high probability reversals signals.It also alerts you when a signal is taking place.Download here:Great trading!as requested by Bossxero,the indicator is attached.
Nadeem
1867
Nadeem  

You can also use the THANKS button

harrisb
3
harrisb  

Seems to be very useful and accurate. Thanks for sharing

phezoll
3
phezoll  

Thank for Sharing...good info..

1234
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